Goldman Sachs Community Development Grants Program

Goldman Sachs Community Development Grants Program

Status: ACTIVE
Funder: Goldman Sachs Bank USA
Amount: Up to US $1,050,000
Last Updated: July 08, 2025

Summary

The Goldman Sachs Community Development Grants Program aims to strengthen low- and moderate-income communities through funding for nonprofits. This initiative includes multi-year unrestricted grants and one-time grants for homeownership initiatives. Eligible organizations must focus on community development, particularly in New York City and parts of New Jersey and Utah. The program emphasizes affordable housing, small business development, and neighborhood revitalization, aligning with the urgent community needs identified through extensive partner consultations.

Overview

Goldman Sachs Community Development Grants Program At Goldman Sachs, we believe that strong communities are the foundation of a prosperous society. Through our Community Development Grants Program, we provide funding for non-profits that are making a difference in low- and moderate-income (LMI) communities. Eligible not-for-profit organizations are invited to apply for funding from the Goldman Sachs Bank USA Community Development Grants Program. The grants program seeks to support community development programs that serve low- and moderate- income individuals or communities and address key community needs such as: Affordable housingCommunity services such as education, including financial education for youth and consumersSmall business developmentNeighborhood revitalization The Equity Builders Initiative will provide organizations with 3-year unrestricted grants. Organizations must focus on affordable housing, small business development, neighborhood revitalization, and/or community services. In addition to the new Equity Builders Initiative, we are also continuing our practice of offering 1-year program-related grants. This year we are focusing on homeownership for LMI households. Select organizations will receive a one-time grant up to $200,000. The Equity Builders Initiative Multi-year Unrestricted Grants Through more than 50 meetings with nonprofit partners in 2023, we heard an urgent need for trust-based, multi-year, general operating grants. As a result, we are introducing our new Equity Builders Initiative, which will award more than $1 million in unrestricted funding over three years to each selected organization. Eligible organizations must serve New York City, Hudson and Essex Counties in New Jersey, or Salt Lake City, UT. The Change Makers Initiative LMI Homeownership Focused Grant In addition to the new Equity Builders Initiative, we are also continuing our practice of offering 1-year program-related grants. This year we are focusing on homeownership for low- and moderate-income (LMI) households. Select organizations will receive a one-time grant up to $200,000 towards their homeownership initiative. Eligible organizations must serve New York City, Hudson and Essex Counties in New Jersey, or Salt Lake City, UT.

Eligibility

You can learn more about this opportunity by visiting the funder's website. To be eligible, applicants must meet the following criteria:Domestic, nonprofit, tax-exempt organizations under section 501(c)(3) of the U.S. Internal Revenue CodeClear focus on community development, particularly the needs for LMI households and communitiesHeadquartered or majority operating in one or more of the following geographies: New York (New York County, Bronx County, Kings County, Richmond County, Queens County), New Jersey (Hudson County, Essex County), and Utah (Salt Lake County, Summit County, Tooele County).